OverviewSuggest Edit

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. It sells points-based vacation ownership products through Marriott Vacation Club points-based ownership programs focused in North America and the Asia Pacific; and weeks-based vacation ownership products.

In addition, it is involved in financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations.

TypePublic
Founded1984
HQOrlando, US
Websitemarriottvacationsworldwide.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2019)22,000(-4%)
Job Openings213
Revenue (FY, 2019)$4.4 B(+47%)
Share Price (Jun 2020)$81.1 (+5%)
Cybersecurity ratingAMore

Marriott Vacations Worldwide Office Locations

Marriott Vacations Worldwide has offices in Orlando, Boston, Las Vegas, Newport and in 6 other locations
Orlando, US (HQ)
6649 Westwood Blvd #500
Boston, US
Boston, MA, USA
Las Vegas, US
Las Vegas, NV, USA
New York, US
New York, NY, USA
Newport, US
Newport, RI, USA
Park City, US
Park City, UT, USA
Show all (10)

Marriott Vacations Worldwide Financials and Metrics

Marriott Vacations Worldwide Revenue

Marriott Vacations Worldwide's revenue was reported to be $4.36 b in FY, 2019
USD

Revenue (Q1, 2020)

1.0b

Net income (Q1, 2020)

(105.0m)

Market capitalization (29-Jun-2020)

3.3b

Closing stock price (29-Jun-2020)

81.1

Cash (31-Mar-2020)

651.0m

EV

4.6b
Marriott Vacations Worldwide's current market capitalization is $3.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.6b1.6b1.8b1.7b1.8b1.8b2.0b3.0b4.4b

Revenue growth, %

(1%)5%(1%)

Cost of goods sold

1.6b

Gross profit

25.0m
Quarterly
USDQ1, 2012Q1, 2013Q1, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

372.0m389.0m425.0m487.5m497.6m487.0m570.8m594.7m750.0m1.1b1.1b1.1b1.0b

Sales and marketing expense

74.0m74.0m78.4m100.7m104.0m100.5m105.9m109.3m135.0m188.0m193.0m188.0m183.0m

General and administrative expense

21.0m21.0m25.3m27.5m29.5m26.7m29.4m33.0m53.0m78.0m79.0m68.0m70.0m

Operating expense total

97.0m99.0m103.7m128.2m133.6m127.2m135.4m142.3m188.0m266.0m272.0m256.0m253.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

110.0m103.0m200.0m347.0m177.1m147.1m409.1m231.0m287.0m

Accounts Receivable

324.0m323.0m

Inventories

959.0m484.0m870.0m773.0m669.2m712.5m

PP&E

285.0m261.0m252.7m951.0m751.0m
Quarterly
USDQ1, 2012Q1, 2013Q1, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

77.0m119.0m106.6m101.8m85.2m440.1m323.8m547.7m441.0m222.0m179.0m183.0m651.0m

Accounts Receivable

63.0m67.6m236.0m277.0m327.0m372.0m

Inventories

932.0m454.0m

PP&E

282.0m256.0m222.5m202.4m249.3m253.7m251.3m246.9m952.0m848.0m837.0m770.0m833.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(178.0m)16.0m80.0m81.0m122.8m137.3m226.8m55.0m142.0m

Depreciation and Amortization

33.0m30.0m23.0m19.0m22.2m21.0m62.0m141.0m

Inventories

113.0m68.0m34.0m82.0m72.2m4.3m42.7m9.0m65.0m

Accounts Payable

48.0m21.0m(19.9m)50.8m26.0m17.0m
USDFY, 2011

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
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Marriott Vacations Worldwide Operating Metrics

Marriott Vacations Worldwide's Properties was reported to be 61 in Q1, 2018.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q1, 2018

Properties

58 59 59 61 61 60 60 60 60 60 65 61

Visits

6.50 m5.60 m5.70 m
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Marriott Vacations Worldwide Acquisitions / Subsidiaries

Company NameDateDeal Size
ILGApril 30, 2018$4.70 b

Marriott Vacations Worldwide Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Marriott Vacations Worldwide Revenue Breakdown

Embed Graph

Marriott Vacations Worldwide revenue breakdown by business segment: 90.0% from North America, 5.8% from Europe and 4.2% from Other

Marriott Vacations Worldwide Online and Social Media Presence

Embed Graph

Marriott Vacations Worldwide News and Updates

Marriott Vacations Worldwide Corporation Provides Business Update

ORLANDO, Fla., March 24, 2020 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) announced today that due to quickly accelerating travel restrictions and restrictions on business operations as a result of the COVID-19 pandemic, the Company has decided to close all of its North...

Marriott Vacations Worldwide Corporation Announces Proposed Project In Waikiki, Hawaii

ORLANDO, Fla., Feb. 19, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announces plans to bring a new Hawaiian vacation ownership destination to its Owners and guests. The company anticipates developing a seven-story vacation ownership property in Waikiki, on...

Marriott Vacations Worldwide Announces New Corporate Headquarters in Orlando, Fla.

ORLANDO, Fla., Jan. 24, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today it has signed a contract with an affiliate of Unicorp National Developments, Inc. to develop its new global corporate headquarters. The nearly 300,000 square foot, nine story,...

Marriott Vacations Worldwide Corporation Announces Second Quarter 2019 Earnings Release and Conference Call Schedule

ORLANDO, Fla., July 11, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter 2019 after the market closes on Wednesday, July 31, 2019. A conference call is scheduled to follow at 8:30 a.m. ET on Thursday, August 1,...

Marriott Vacations Worldwide Corporation Celebrates Global Wellness Day

ORLANDO, Fla., July 1, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) recently observed Global Wellness Day on June 7 and 8 at more than 60 vacation ownership resorts and various corporate offices around the world. Associates, Owners, Members and guests from...

Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans

ORLANDO, Fla., May 23, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $459 million of vacation ownership loans. Approximately $367 million of the loans were purchased on May 23, 2019...
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Marriott Vacations Worldwide Blogs

Marriott Vacations Worldwide Updates 2020 Outlook Due to COVID-19

Marriott Vacations Worldwide Updates 2020 Outlook Due to COVID-19 william.meady@… Wed, 03/18/2020 - 09:00 Marriott Vacations Worldwide Updates 2020 Outlook Due to COVID-19 Mar 18, 2020 This release is a backfill from a News Wire General …

Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2019 Financial Results and Provides 2020 Outlook

Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2019 Financial Results and Provides 2020 Outlook william.meady@… Wed, 02/26/2020 - 16:16 Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2019 Financial Results and Provides 2020 Outlook Feb 2…

Marriott Vacations Worldwide Corporation Announces Fourth Quarter and Full-Year 2019 Earnings Release and Conference Call Schedule

ORLANDO, Fla. , Jan. 27, 2020 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter and full-year 2019 after the market closes on Wednesday, February 26, 2020 . A conference call is scheduled to follow at 8:30 a.m.

Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans and New Warehouse Facility

ORLANDO, Fla. , Dec. 23, 2019 /PRNewswire/ --  Marriott Vacations Worldwide Corporation (NYSE: VAC) announced today the completion of a securitization of a pool of approximately $90 million of vacation ownership loans, primarily consisting of Asia-Pacific and other loans that would not be included

Marriott Vacations Worldwide Corporation Disposes of Excess Parcels

ORLANDO, Fla. , Dec. 19, 2019 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) announced today that it has closed the sale of excess parcels in Cancun, Mexico and Avon, Colorado for more than $60 million as part of its strategic decision to reduce holdings in markets where it has excess

Marriott Vacations Worldwide Announces Repricing of $893 Million Term Loan B

Marriott Vacations Worldwide Announces Repricing of $893 Million Term Loan B Content Import Thu, 12/05/2019 - 14:45 Marriott Vacations Worldwide Announces Repricing of $893 Million Term Loan B Dec 5, 2019 This release is a backfill from a News Wire …
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Marriott Vacations Worldwide Frequently Asked Questions

  • When was Marriott Vacations Worldwide founded?

    Marriott Vacations Worldwide was founded in 1984.

  • How many employees does Marriott Vacations Worldwide have?

    Marriott Vacations Worldwide has 22,000 employees.

  • What is Marriott Vacations Worldwide revenue?

    Latest Marriott Vacations Worldwide annual revenue is $4.4 b.

  • What is Marriott Vacations Worldwide revenue per employee?

    Latest Marriott Vacations Worldwide revenue per employee is $198 k.

  • Who are Marriott Vacations Worldwide competitors?

    Competitors of Marriott Vacations Worldwide include Sand Hill Road, The Leela Palaces and SilverBirch Hotels & Resorts.

  • Where is Marriott Vacations Worldwide headquarters?

    Marriott Vacations Worldwide headquarters is located at 6649 Westwood Blvd #500, Orlando.

  • Where are Marriott Vacations Worldwide offices?

    Marriott Vacations Worldwide has offices in Orlando, Boston, Las Vegas, Newport and in 6 other locations.

  • How many offices does Marriott Vacations Worldwide have?

    Marriott Vacations Worldwide has 10 offices.